You mean it dropped 0.0023% off the dollar. Look at the coinmarketcap chart and the price at the bottom.. $0.9927
Which btw is totally normal… usdt has depegged down to 93 cents before. The lowest in it’s history.
And it only happens when there is so much volume exiting crypto faster than they can re-supply the exchanges, it also can happen in reverse. When so many are entering crypto faster than they can supply.
I am not sure which alternate universe you are residing in, but in this one, as shown in the graph in this post, it did. However, just to break it down here it is again: https://i.imgur.com/P5e3550.png
You sir don’t know a thing about crypto. This is a SINGLE exchange… lol… the average price across the entire world and all exchanges was not less than 0.9927.
CoinMarketCap is your friend… one exchange doesn’t at all signal a problem with the peg… it instead just means that the order book (user count) for that moment at that exchange was low.
You mean it dropped 0.0023% off the dollar. Look at the coinmarketcap chart and the price at the bottom.. $0.9927
Which btw is totally normal… usdt has depegged down to 93 cents before. The lowest in it’s history.
And it only happens when there is so much volume exiting crypto faster than they can re-supply the exchanges, it also can happen in reverse. When so many are entering crypto faster than they can supply.
No, I am referring to the drop to 0.94 on may 12th.
In 2016. You mean to say they hadn't slipped up their scam in 6 years ?
It did not dip to 94 cents on the 12th… or anytime in the past 3 years.
I am not sure which alternate universe you are residing in, but in this one, as shown in the graph in this post, it did. However, just to break it down here it is again: https://i.imgur.com/P5e3550.png
and if you still dont believe it, here is a video covering it: https://www.youtube.com/watch?v=sLaV7KV9Wwk
You sir don’t know a thing about crypto. This is a SINGLE exchange… lol… the average price across the entire world and all exchanges was not less than 0.9927.
CoinMarketCap is your friend… one exchange doesn’t at all signal a problem with the peg… it instead just means that the order book (user count) for that moment at that exchange was low.